Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $1.52 in the prior trading day, Rackspace Technology Inc (NASDAQ: RXT) closed at $1.45, down -4.61%. In other words, the price has decreased by -$4.61 from its previous closing price. On the day, 0.8 million shares were traded. RXT stock price reached its highest trading level at $1.57 during the session, while it also had its lowest trading level at $1.45.
Ratios:
Our goal is to gain a better understanding of RXT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.79.
On November 07, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $1.40.
Raymond James Upgraded its Mkt Perform to Outperform on September 19, 2023, while the target price for the stock was maintained at $3.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 17 ’25 when Maletira Amar sold 521,840 shares for $1.87 per share. The transaction valued at 975,841 led to the insider holds 4,368,328 shares of the business.
Marino Mark A. sold 20,217 shares of RXT for $37,806 on Mar 17 ’25. The Chief Financial Officer now owns 1,917,446 shares after completing the transaction at $1.87 per share. On Mar 17 ’25, another insider, SINHA DHARMENDRA KUMAR, who serves as the EVP, President, Public Cloud of the company, sold 176,374 shares for $1.87 each. As a result, the insider received 329,819 and left with 2,117,455 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RXT now has a Market Capitalization of 344214048 and an Enterprise Value of 3485357568. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13. Its current Enterprise Value per Revenue stands at 1.285 whereas that against EBITDA is 17.755.
Stock Price History:
The Beta on a monthly basis for RXT is 2.07, which has changed by -0.4357977 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, RXT has reached a high of $3.41, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 13.22%, while the 200-Day Moving Average is calculated to be -28.55%.
Shares Statistics:
The stock has traded on average 1.02M shares per day over the past 3-months and 1039380 shares per day over the last 10 days, according to various share statistics. A total of 237.30M shares are outstanding, with a floating share count of 61.48M. Insiders hold about 74.10% of the company’s shares, while institutions hold 17.08% stake in the company. Shares short for RXT as of 1749772800 were 5611111 with a Short Ratio of 5.26, compared to 1747267200 on 5528746. Therefore, it implies a Short% of Shares Outstanding of 5611111 and a Short% of Float of 5.5.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
